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Sunday, 08/07/2022 9:48:07 AM

Sunday, August 07, 2022 9:48:07 AM

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Financial Highlights for Fiscal Year 2021

Total operating revenue was $2.26 million for fiscal year 2021, compared with $3.59 million for fiscal year 2020, representing a 37.1% decrease, primarily due to the fact that the outstanding servicing agreements under the consumer loan repayment and collection management business were fully completed in fiscal year 2021 and revenues from this business were significantly reduced in fiscal year 2021.
Net loss was $1.09 million for fiscal year 2021, compared with net income of $1.59 million for fiscal year 2020.

Basic and diluted loss per share was $0.09 for fiscal year 2021, compared with basic and diluted earnings per share of $0.16 for fiscal year 2020.

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